Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON December 11, 1977
Full News Archive
- Headline: PGA and LPGA Disagreement on Club Pros. Impact: The ongoing feud between the LPGA and PGA set a precedent for gender-based controversies in sports, leading to more heated debates over equal pay in sports. Fast forward to today, and we have men receiving more endorsements than women, just because they can hit a ball further. Thanks, history!. Fact: Did you know that in 2021, the U.S. Women's National Soccer Team fought a legal battle for equal pay? Spoiler alert: they still didn't get it..
- Headline: Government Intervention in Steel Prices. Impact: The Solomon Plan’s attempt to stabilize steel prices was like tossing a brick into a pond—the ripples eventually led to the collapse of several industries, proving that government intervention can be about as effective as a chocolate teapot.. Fact: Fun fact: The only thing that rises faster than steel prices is inflation. Thanks, government!.
- Headline: Celebrating the Greenwich Art Barn Legacy. Impact: The Greenwich Art Barn became a beacon of creativity, inspiring future art movements where hipsters would argue about the meaning of a banana taped to a wall. You're welcome, world!. Fact: Did you know that in 2020, a piece of art sold for $69 million? Apparently, the art world is just as sane as we thought..
- Headline: WOMEN IN SUPPORT UNITS BACKED AS ASSET TO ARMY. Impact: The Army's move to include more women was a slow march towards equality, leading to modern debates about women in combat. Turns out, the military can actually handle a few skirts in the ranks!. Fact: Did you know that today women make up about 16% of the U.S. Army? Who knew they could do more than just bake cookies?.
- Headline: SPOTLIGHT. Impact: Taubman's shopping centers paved the way for the retail apocalypse. Thanks to his vision, we now have malls that look like ghost towns and online shopping addiction.. Fact: Did you know that in 2020, some malls tried converting to indoor farms? Because why not add kale to the shopping experience?.
- Headline: OUTLOOK IS GLOOMY ON WELFARE CHANGES. Impact: The gloomy outlook on welfare changes signaled a downturn in social support systems that led to a long-standing debate over welfare reform that still haunts Congress like a bad ghost story.. Fact: Fun fact: Welfare programs have existed since the Romans. Turns out, people have always needed help, but politicians have always preferred to argue about it..
- Headline: Russians Confine 20 on Rights Day. Impact: The USSR’s crackdown on dissidents was a pivotal moment that showcased the lengths governments will go to suppress free speech, laying the groundwork for future protests that would eventually lead to the fall of the Iron Curtain. Talk about a plot twist!. Fact: Did you know that the term 'human rights' wasn’t even widely used until after World War II? Guess the USSR missed that memo..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1977, it would be worth $10,678,835 today (10678.8x return)
INTC
Intel
Intel - If you invested $1,000 in 1977, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1977, it would be worth $414,492 today (414.5x return)